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5113 Panama Ave Richmond, CA 94804

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For Sale
$1,950,000

Six units in Richmond Annex, near BART and shopping.

Property size:
5,286 SF

Property Features for 5113 Panama Ave

General Information

Standard status
Active
Size
5,286 SF

Building Details

Year built
1988
Source: Corcoran

Listing Agent: Steven Pinza

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Richmond Annex Multifamily Investment Opportunity

This multifamily property, constructed in 1988, features six units. The unit mix includes four two-bedroom, one-bathroom units, each measuring 950 square feet, and two two-bedroom, two-bathroom units, each measuring 1,050 square feet. The total building size is 5,286 square feet. The property benefits from minimized maintenance and repair costs due to its recent construction. It includes eight private garages and shared laundry facilities. The landscaping is designed for easy maintenance. A new roof was installed in 2022. The property is located in the Richmond Annex, offering convenient access to BART and shopping.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Richmond
County
Contra Costa
State
California
Longitude
-122.3154499
Latitude
37.9041484

FAQs

What type of property is this?
Apartment building - Six units in Richmond Annex, near BART and shopping.
Where is this apartment building located?
The property is located at 5113 Panama Ave Richmond, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: - Six total units: **Four 2-bed, 1-bath units (950 SF) and Two 2-bed, 2-bath units (1,050 SF).**; - $65K Price Improvement.; - 1988 Construction minimizes maintenance and repair costs.
More about this property
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